Great Lakes Dredge & Dock Corp reports results for the quarter ended in December - Earnings Summary

Great Lakes Dredge & Dock

16/02/2022 14:00

* Great Lakes Dredge & Dock Corp  GLDD.OQ  reported
quarterly
adjusted earnings of 37 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 31 cents per share.
    * Revenue rose 22% to $209.96 million from a year ago; 
analysts
expected $225.00 million. 
    * Great Lakes Dredge & Dock Corp's reported EPS for the
quarter
was 37 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Great Lakes Dredge & Dock Corp shares had fallen by 10.9%
this
quarter.
    * The company reported quarterly net income of $24.71
million.
    * Wall Street's median 12-month price target for Great Lakes
Dredge & Dock Corp is $18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 16 at 02:00 p.m.
 ​All figures in US dollars unless otherwise stated